English, asked by Anonymous, 3 months ago

what is economy and what are the types of economy ?

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Answered by Anonymous
12

Answer:

Hope this helps you

Explanation:

An economy is a system whereby goods are produced and exchanged. Without a viable economy, a state will collapse. There are three main types of economies: free market, command, and mixed. The chart below compares free-market and command economies; mixed economies are a combination of the two.


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Answered by RoyalQueen007
51

➠An economy is a system whereby goods are produced and exchanged. Without a viable economy, a state will collapse. There are three main types of economies: free market, command, and mixed. The chart below compares free-market and command economies; mixed economies are a combination of the two.


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